Related glossary terms

  • Federal Maritime Commission (FMC)

    Federal Maritime Commission (FMC) is the U.S. agency regulating international ocean shipping. Learn FMC powers, OSRA enforcement, and how to file complaints.

  • Ocean Shipping Reform Act of 2022 OSRA

    Ocean Shipping Reform Act of 2022 (OSRA) is a U.S. federal law that updated ocean shipping regulations to improve transparency and fairness for shippers and…

  • Bill of Lading (BOL)

    A bill of lading (BOL) is a legal document serving as a cargo receipt, title document, and shipping contract. Learn the types and how it differs from a waybill.

  • Arbitration

    Arbitration is a freight dispute process where an impartial arbitrator issues a binding decision. Learn how it differs from litigation and when it applies.

Get your containers
back on track